S 1224 General Bill, By Holland, Glover, Jackson, Land, Lander, McGill, O'Dell, Rankin and Saleeby
Similar (H 4694)
    A Bill to amend Section 58-9-10, Code of Laws of South Carolina, 1976, relating to the regulation of telephone companies and definitions, so as to add provisions defining "basic local exchange telephone service", "carrier of last resort", "incumbent local exchange carrier" or "LEC", "new entrant local exchange carrier" or "new entrant LEC", "small local exchange carrier", or "small LEC", "telecommunications services", and "universal service"; to amend Section 58-9-280, relating to telephone companies and the requirement that a certificate of public convenience and necessity must be obtained before construction, operation, or extension of a plant or system, so as to add provisions which provide, among other things, that after notice and an opportunity to be heard, the Public Service Commission may grant a certificate to operate as a telephone utility to applicants proposing to furnish local telephone service in the service territory of an "incumbent LEC", subject to certain conditions and exemptions, and to provide for related matters; to amend the 1976 Code by adding Section 58-9-576 so as to provide that an "incumbent LEC" may elect to have rates, terms, and conditions pursuant to the plan described in this Section, and to provide for related matters; and to amend the 1976 Code by adding Section 58-9-577 so as to provide that, notwithstanding Sections 58-9-575 and 58-9-576, a "Small LEC" may elect to have the rates, terms, and conditions of its services determined pursuant to alternative forms of regulation, which may differ among companies and may include, but not be limited to, price regulation, rather than rate of return or other forms of earning regulation, and to provide for related matters.
View full text

03/05/96	Senate	Introduced and read first time SJ-9
03/05/96	Senate	Referred to Committee on Judiciary SJ-9